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Is overdrawn balance debit or credit?
that would be debit, because a credit card has a certain amount you can use, HOWEVER; i believe you can overdraw on BOTH of them depending on your credit, and what bank you're useing. hope this helps.
Is it possible to overdraw a checking account using a debit card?
Yes a lot of people tend to overdraw their checking account because they do not know how to balance their checkbook.
Are there any fees on the debit card?
Not usually. You can only use a debit card IF there are already sufficient funds in the linked bank account to complete the transaction. Debit cards are usually linked to savings accounts (rather than a current account). You cannot overdraw on a savings account - therefore there are no fees incurred.
What banks issue debit cards on spot?
Any bank that uses savings accounts should ! A debit card is usually applied to an account that cannot overdraw (thus protecting the customer and the bank from excessive charges). A debit card requires no credit check, because it's simply an electronic form of cash. You can only spend up to the balance in your account
Why bank changed your card from visa debit to master card debit?
bank of america
What bank card services are available with the Bank of Montreal debit card?
There are many bank card services available with the Bank of Montreal debit cards. One of the biggest bank card services available with the Bank of Montreal debit card would be the ability to use ATMs.
Why are debit cards called debit cards?
in the language of bank and other financial institutions debit means withdrawl. so by naming debit card as debit card bank says '' it is a card by using which u can do any purchases and in return we will debit ur bank balance by that amount. so in debit card u are not borrowing cash from bank (as u do in credit card), but u are using your own money which u have earlier deposited in bank. so in short: debit card is a card by using which u are debiting ur bank's credit balance.
What is better Debit card or Credit Card?
I prefer debit card but if you like the bank giving you money then paying it back then it credit card for you . If you have debit card is like your whole bank in your wallet :)
I'm are 16 years old your parents want to get you a Debit CardSome type of Check Card even a Credit Card would be nice however you have been told that you must be 18 to legally have one even i?
YOu can get a debit card as long as you have a bank account attached to it. My 14 year old has a debit card (check card) and I deposit her allowance directly into her bank account. It is easier than giving her cash and she keeps up with her account balance so that she doesn't overdraw on her account. yes, im 13 and my dad is getting me a debit card from tuxedo at master card. you have to be 18 to get a credit card. the good things with debit cards is that you cant go overdrawn with them its much better than a credit card!
Is it possible to use Debit card of Bank of China in Macau?
No, it is not possible to use debit card of bank of china in Macau.
Is a master card a credit card or debit card?
It's a debit card since the money you pay with is directly transfered from your bank account to the receiver's bank account.
What is a bank card?
A bank card is a card issued by a bank, which may provide use as a credit card, debit card, or a withdrawal card.
